Salaries are expected to increase across most sectors next year, according to two reports this morning.

A study carried out by the recruiter Hays today points to pay increases running at around 1.8% across the economy.

It says percentage salary increases are hitting double digits in certain sectors.

Hays's study found that around 7 in 10 employers expect there will be further pay increases in the year ahead.

The study also suggests that pay transparency is one of the most contentious issues emerging between employers and employees.

"Pay growth, combined with pockets of double-digit salary increases, demonstrates that the competition for talent remains high," Hays Ireland Managing Director Mike McDonagh said.

"This year however, greater transparency about salaries is an issue that many employers must address.
"Transparency around pay is an important issue for professionals. Many also perceive there to be gender pay gaps, which is negatively impacting on the attraction and retention of staff," he said.

Meanwhile, a separate study by the recruiter Brightwater found that salaries this year grew at a rate of 3 to 5% across some sectors of the economy, and further increases are expected in 2020.

It says in a limited number of sectors, like cyber security, the demand for talent and counter offers are driving salary increases as high as 20%.

The report describes this as 'skewing perceptions of market rate salaries.'

It points to a good geographic spread of job creation with the regions seeing its fair share.

"The Munster area in general has seen employment growth in cyber security, med-tech, pharmaceutical and fin-tech as well as manufacturing," Barbara McGrath, Manging Director, Brightwater said.

"Since the launch of the Regional Action Plan for Jobs in 2015, the Irish Government has made it a priority to focus on regional areas to help facilitate the creation of jobs and so far, the Munster and Connaught regions have grown at a slow but steady rate."